A PNB spokesperson said on Thursday that "the submission of financial bids will be only through e-auction which will take place on the bank's portal on September 20."
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Bank fixed deposits are considered to be the safest investment instruments in terms of the guaranteed returns that they offer. Returns on fixed deposits are secure because FD interest rates do not change according to volatile market environment.
Zero Balance Digital Savings Accounts: If you want to open a new bank account within minutes, you may consider opening instant digital accounts with leading banks.
SBI or State Bank of India provides free-of-cost upgrade of debit card to its customers. The upgrade of existing debit card to an EMV chip-and-PIN debit card offers enhanced security, the country's largest bank SBI said on microblogging site Twitter.
Premature withdrawal from fixed deposits basically means that the depositor is allowed to close the FD before its term ends.
Fixed deposit or FD interest rates of SBI or State Bank of India range from 5.75 per cent to 6.85 per cent. However, small finance banks like Jana Small Finance Bank, Equitas Small Finance Bank and AU Small Finance Bank offer FD interest rates up to 9.1 per cent, which is much higher than SBI's.
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